The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-08-02

Memphis & Char. 50 Missouri Pacific. 81
Mobile & Ohio. =. Il Western Union. 5l9s
Nash. & Chatt'a. a CottonOilTrlst Ger 35ls
Sid. tAsked. Third assessment paid.
COTTON.
New York, Aug, /, noon.-Cotton opened firm;
middling uplands 10c, middlng Orleans lose;
sales 3S3 bales.
Futures-Market opened firm, with sales as
| follows: August delivery . Sec September S5c,
October 26c, November 8 pc, December &c,
January PC.
5:O0p. m.-Market closed firm; asking higher;
mddlng uplandS l0c middling Orleans l0tSc;
! sales to-day 36 bales; gross receipts BOG bales
Futures-Market closed firm, with sales of
GllCO bales, as follows: August delivery iOc,
| September 0 1909 47c, October . 1903 nc, No
vember 8 SIC, December 0 Sic, January 8 $40
| 9 35c, February 1000 42c March o 4609 47c,
April 500 SIC, May 0 100000
Green Il Co.'S report on cotton futures saws:
| 1t has been n generally stronger cotton
| market, and there is an advance shown Tor ooth
old and new crop options August appeared to
go up because there was very little Offering, ana
every call made acted as stimulus. especially
| as portion of the demand seemed TO be new
| buying orders on later months. The strength
was mainly induced by adviceS of damage by
| rains to a portion of the crop, which alarmed
| shorts, and led to more or less covering, though
| the gain was greatest on September and Octo-
| Der. AS against Saturday evening, August adj
vanced 20 points and other months HOBS points;
| closing firm with shorts evidently tlmid.
| GALVESTON, Aug. 1.-Cotton dull; middling
93sc; net receipts 1874 bales gross 1874; sales 8
bales; stock 1880 bales; exports coastwlse %
| bales.
NORFOLK Aug. 1.-Cotton steady; middling
| 10c; net receipts 5 bales, gross 8; sales =
| bales; stock 1907 bales; exports coastwlse 5Sl
| bales.
BALTIMORE, Aug. 1.-Cotton nominal; middling
| 101bc; net receipts none, gross none; sales
| none; stock Az bales.
Boston, Aug. 1.-Cotton steady; middling
1016c; net receipts none, gross S2l bales; sales
| none; stock none.
W1LM1NGroN, Aug. Cotton nominal; mid
ding 10c; net receipts 81 bales, gross 81; sales
none; stock 45S bales; exports coastwise 2l0
| bales.
PHILADELPHIA Aug. Cotton quiet; mid
ding 1O99c; net receipts bales, gross s; stock
| 1G.50S bales.
New ORLEANS, Aug. Cotton steady; mid
ding 91ac; net receipts 3G bales gross 36; sales
| 600 bales; stock Al ,533 bales; EXPORTS to Great
| Britain 1920 bales, coastwise 2,735.
| MOBILE, Aug. 1.-Cotton nominal; middling
| 99Sc; net receipts bales, gross 2; sales none;
| stock 326 bales exports coastwiSe bales.
MEMPHIS, Aug. Cotton dull; middling 994c;
receipts 10 bales; shipments none sales so bales;
| stock 6,470 bales.
AUGUSTA Aug. 1.-Cotton quiet; middling
| 104c; receipts none; sales none.
| CHARLEsToN, Aug. Cotton quiet; mddling
10c;, net receipts none, gross none; sales none;
| stock S9l bales.
ATLANTA, Aug. Cotton-middling 916c;
| receipts none.
NEW York, Aug. 1-Consolidated net receipts
to Great Britain O. AS bales to France ID, to the
continent $50; stock at all American ports IL, 731
| bales.
| PROVISIONS, GROCERIES, ETC.
NEW York. Aug. 1, noon.-Flour dull and
heavy. Wheat better. Corn easier. Pork steady;
| mess SIG 25@316 rs Lard firm at $500, Old
mess pork steady at SIS 25@15 70. Freights
| steady.
500 p. m-Flour, Southern quiet and I'M
changed Wheat IGl1hc better, but only
| n1O atplN ioO 4 m
| later ruled stronger, advanced 246l114c closing
firm at nearly best rates; No. red, August de-
livery 7S1sGD797sc, September 79M@Slc. Corn
146119c higher and moderately active; options
| opened weak, later advanced AGDlc, closing
strong; No 2, August delivery 443s@04556c, Sep
TENDER 46$s@47Ac. Oats 4@19c lower, heavy
on spot options steady; No. ,, 3214 al 216c; No.
2, August and September delivery 304@ 3054c.
| Hops dull and barely steady. Coffee, fair Rio,
spot nominal at l9c; options lower but fairly
active, closing firm; No. Rio, August delivery
16 &c. September 16 70016 Soc, October IL 500
II 00c. Sugar steady; refined quiet but steady.
NIolGsses dull. Cotton seed oil quoted 2T@30c
for crude, 41@43c for refined. Wool quiet end
| generally steady Pork quiet but steady. Beef
dull DIddles dull and nominal Lard dull and
| unchanged. Freights dull.
CHICAGO, Aug. IA little wheat, lard and
corn went around on delivery to-day; but no
market firm on September, and prices
were steady around 60A @601Sc. The crowd
was not disposed to do much trading. Receipts
There are large receipts of the latter and helped
to make the market easy. Operators were dis
posed to bull corn at the opening on the very
dry showing made by Signal Service reports
but there were plenty of sellers. There was no
rain anywhere except in Iowa and Dakota
Prior to 1870 there were scant sales of Septem-
Der wheat at roc, but the market only rested
there an instant. 1t would probably not have
reached that point had not one or two heavy
sellers drawn out for the moment. Then it
slumped back to 694Q60St. Corn IN the mean
time continued very slow and steady at shade
over 800 for September. The visible supply
showed about what was expected-an increase
in wheat of a little over 100000 bushels. The
| exact figures were 1,01S,904 bushels, but all
other grains decreased-corn 402, $50 bushels
and oats liz 100 bushels. The figures had no
| special effect on prices. September option hung
around zoe pretty steady between II and II
O'Clock and then showed disposition to ad-
vance little, selling up to 10isc All this time
local scalpers were doing the bulling. The lat
ter part of the session was decidedly the strong
est of the day in both wheat and corn. The
| former closed at G01Sc for September Toward
the close a number of heavy operators began
| blying corn freely and started up large num-
Der of shorts The effect was 10 force Septem-
Der up to 40c and hold it there without any
| trouble The tone was strong and bulliSh and
| the PIT well filed. The short demand was for
all near options. September closed at doc Oats
| were firm in sympathy with wheat and corn,
but the fear of large receipts kept high prices
from being realized. Provisions were very slow
| and tending down.
Cash quotations to-day ruled as follows: Flour
| quiet and unchanged Wheat No. spring
nc. Corn No 2, 390301Sc Oats, No. 2,
| 2ll10la4I5c Mess pork, SIS. Lard, per 100
lbs So 53ll0G 30. Short rib sides, loose, 81 07lI
| Dry sailed shoulders, boxed So S00t5 80; short
clear sides boxed SIS l0@S 10. Whisky 81 10.
| Leading futures ranged as follows:
| )ueuinN. Highest. Closing